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Burgener is requesting Degen to dispose of his shares
Requests the sale of shares of David Degen Bernhard Burgener.
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Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. Burgener's plans are supported by the Board of Directors. However, no agreement is reached.

https://www.legal500.com/developments/press-releases/david-degen-acquires-majority-of-shares-in-fc-basel-holding-ag-from-bernhard-burgener/ The morning of Monday saw the meeting of FC Basel Holding AG's Board of Directors. Bernhard Burgener Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the plans of the previous owner. According to the statement of the holding company, he asked Degen whether he wanted to sell the stake to Basel Dream & Vision AG.

To do this, the Board of Directors relies on a contractually stipulated law that permits Burgener to sell its own shares to those of the minority shareholders in the same conditions. As per the Board of Directors this so-called drag along right overrides Degen’s pre-sales right.

https://www.watson.ch/sport/fussball/957530786-bernhard-burgener-wer-ist-eigentlich-der-umstrittene-fcb-praesident Burgener and his crew have made a move on the ownership dispute. Degen insists on having his right to first refusal. Bernhard Burgener He is seeking to exercise it to the value of 16.4 millions of francs. Bernhard Burgener Burgener was able sell his 80-percent stake in the company to Basel Dream & Vision AG however, Degen is able to obtain an injunction to stop the sale. The British asset manager Centricus will also be able to have a stake in the new entity. Burgener will still have the majority of the votes.

According to the announcement from FC Basel Holding AG, Burgener and Degen are reportedly seeking an out-of-court settlement "in the best interests of FCB". Bernhard Burgener Bernhard Burgener
Homepage: https://www.watson.ch/sport/fussball/957530786-bernhard-burgener-wer-ist-eigentlich-der-umstrittene-fcb-praesident
     
 
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